subject
Mathematics, 18.09.2021 19:00 abbymoses3

The Federal Unemployment Tax Act (FUTA) specifies that an employer pay 6% unemployment tax on the first
$7000 of earned income per employee. If the employer
pays into a state unemployment insurance program,
they will receive a 5.4% credit. The after-credit FUTA tax
rate is therefore 0.6%.
If a business has 25 employees, who each earn more than
$7000 per year in wages, what is the business's yearly
FUTA tax payment?
FUTA tax payment = $ [?]
Round to the nearest hundredth.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 22:30
What is the distance from zero if a quadratic function has a line of symmetry at x=-3 and a zero at 4
Answers: 1
question
Mathematics, 22.06.2019 01:00
In a tutoring session, 2/3 of an hour was spent reviewing math problems. adelina attended 3/4 of the tutoring session. how much time did adelina spend at the tutoring session?
Answers: 2
question
Mathematics, 22.06.2019 01:30
Use the linear combination method to solve the system of equations. explain each step of your solution. if steps are not explained, you will not receive credit for that step. 2 + 9 = −26 −3 − 7 = 13
Answers: 2
question
Mathematics, 22.06.2019 02:00
The plant were you work has a cylindrical oil tank that is 2.5 feet across on the inside and 10 feet high. the depth of the oil in the tank is 2 feet. about how many gallons of oil are in the tank?
Answers: 2
You know the right answer?
The Federal Unemployment Tax Act (FUTA) specifies that an employer pay 6% unemployment tax on the...
Questions
question
Mathematics, 28.03.2020 04:27
Questions on the website: 13722367